In its two decades of existence, Fortress Investment Group has led the industry in numerous ways. First, it would be the first private equity company to list with the NYSE before its eventual acquisition by Japan’s Softbank saw it become the first to delist. In yet another industry first, the investor has partnered with major real estate industry players in New York to create the city’s first futuristic retail and hotel space in the heart of the all-famous Times Square. With the partnership, Fortress hopes to raise a $2.5 Billion TSX Broadway project. Visit linkedin.com
In making this TSX mega-development project a reality, Fortress investment group partners with L&L Holdings Limited as well as Maefiled Development. The two are among the largest and most influential New City real estate developers having developed over 15 million square foot of both residential and commercial real estate in the country. Fortress, therefore, hopes to rely on their experience, influence, and expertise in ensuring the completion and marketing of the upcoming project.
About the proposed development
Expected to be completed by 2021, the new TSX Broadway will come up near Broadway and 47TH street. According to the investment company, some of the most prominent features of the 46 story building will be a luxury hotel with 30 ‘Ball Drop Suites’ and over 90,000 square feet of ultra-modern retail space. This includes the 100 square feet space facing Times Square and over 15,000 square feet in the buildings ground floor.
Some of the more prominent features in the building will be the 18,000 square foot of Wraparound LED screen mounted on the building. This falls in line with the Times Squares signage theme and will be complemented by LED lighting on the entire building. According to Fortress Investment Group, this will be the most sophisticated visual element at the Times Square and the world by extension.
About Fortress group
Fortress investment group was started in 1998 as an alternative investment firm that for the best part of its existence concentrated on the credit and distressed debt markets. This approach to investment, however, changed after the 2008 financial crisis and subsequent acquisition by Softbank and banks are now more interested in asset-based investments. This explains the huge investments in such projects as TSX Broadway and Brightline passenger train.Read more on https://www.institutionalinvestor.com/article/b18bk5yhb04tbq/fortress-investment-group
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You’ve probably seen Sunday Riley products in cosmetic shops. If not, what about in Social Media? It is a popular product without a doubt – very well advertised. Well, you might be quite familiar with the product, but how much do you about Sunday Riley, the person?
According to her personal opinion, when launching Sunday Riley in 2009, she had noticed a considerable gap in “green technology and chose to take advantage of this. Since she’s always motivated to stay or look young, she developed science-based active ingredients with botanicals which is Sunday Riley. It is now selling in the market. Most of what she knows was acquired on the job every day. With every product that she makes, she tries to upgrade her skill set and device better methods and strategies. Her results come from trial and error. Her central principle is to concentrate more on the ingredients as an art rather than as a chemist.
Sunday Riley doesn’t have a preference for any of her branded products; she views all of them equally. Losing confidence in one means that she’ll terminate it from the lineup. Among her line of products, she isn’t excessively proud of good genes. She doesn’t attach too much emotion to her line of products since if she does and considers that products as non-performing, she’ll have no choice but to cut it off. However, the foundation (which is in 20 shades), is the most complicated product that she has ever made.
Although Sunday Riley shares a name with a brand, they are two different things. She considers her success as a result of her sheer hard work which has humbled her. Her take on criticism is also quite excellent. When on Reddit, she tries not to read too much about the brand but considers that complains too. She launched good genes at a time when there weren’t many acids in the U.S market which meant great sales. And since word travels fast Good Genes started doing very well in the market. Her reply on the termination of the Sunday Riley make up line is of a financial nature. It came at a time when they had a lot of development in their products, and Sunday Riley wasn’t sustainable anymore.
She developed a new foundation with the intention of getting the right amount of shades, and it’s based on a great formula. It was tested by family, friends and many other people who made it possible.